Russian media: China's rare earth export policy from their own strategic considerations

According to Russian media reports, China 's WTO requires its not on the rare earth export quota system " ignored ." China announced the first half of the year 2014 the quota situation , then, will the international market supply 15,110 tons of rare earth materials. And ( 2013 ) in the second half compared to a decrease of 2.5% in quantity .

China controls 95% of the world's rare earth market . November , when , and its largest importer in - the U.S., EU , and Japan 's defeat in World Trade lawsuit . WTO to support these countries against China 's rare earth export restrictions complaint . WTO believes that the quota system violated the free trade regime.

This case has a sensational effect . In the history of the WTO , the first time a player wins three geopolitical monopoly lawsuit against the rare countries in the arbitration court. Everyone is waiting for China's counterclaim , but not limited to counterclaims. China has made to reduce the reverse quotas, quotas and all of a sudden decrease of 2.5 %. World metal market experts believe that this percentage is quite huge. This decision will lead to rare or scarce supply , prices rise.

In this way, China once again so that we understand , will continue to implement its own rules of conduct in this area. Asia-Pacific Research Center Director Sergei ? Luke Ning believes that China's move from their own strategy. He said: " China 's rare earth export restrictions in full compliance with the relevant government strategy to modernize the economy . This decision will force foreign companies to move to China's domestic high-tech production capacity . In addition, through this initiative , China can win a favorable position in the EU, U.S. and Japan on WTO negotiations on aspects of the complaint . It appears that China will conduct negotiations on the issue of its products into the U.S. and European markets . The use of rare earth export quota for the way China is trying in these negotiations Ringside ' terrain ' . Furthermore, Chinese companies use those rare because quotas can not enter the international market , can produce a more competitive high-tech equipment . Then, smoothly into the U.S., EU and Japan markets. "

China introduced new quota of rare earth , even to reduce its supply , it is not unexpected for the experts . Between the major competitors in this trade war or other platforms are periodically increase the number of revolutions . Moreover , the WTO from the essence of reality is there is no effect of leverage. Decisions made ​​by the agency , the most they can become a piece of paper on the table officials , Luke Ning think so.

He said: " Perhaps, the WTO will take some supplementary response measures . For example, you can implement the new tariffs on Chinese exports of equipment. But I think that , in this respect , the WTO may not be able to win anything. Such as the production of rare earth resources needed for electronic goods , almost all concentrated in China . These products accounted for 70-80 % of the world market. Europe can not refuse imports of computer and telephone from China . WTO does not take serious measures against China restrictive . You know, these measures will the company's interests to those engaged in this business a blow . China's export tariff measures utilized complementary , will the United States , European Union and Japan assembled in China these products company profits will cause harm. "

It is worth mentioning that Chinese competitors will continue to keep a close eye to take hold of all aspects of its strategy . Moreover, this pressure will be more severe and more coordinated. Exports of rare earths used to be , the future will be one of the major political and economic leverage China . Designer of China's reform Deng Xiaoping once said that the Middle East has oil , China has rare earths. Now, China 's opponents tried to let it lose this advantage. That is, the trade war will dusty field .


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